An upgrade to the BNL Alternate Gradient Synchrotron (AGS) could produce a very intense proton source at a relatively low cost. Such a proton beam could be used to generate a conventional neutrino beam with a significant flux at large distances from the laboratory. This provides the possibility of a very long baseline neutrino experiment at the Homestake mine. The construction of this facility would allow a program of experiments to study many of the aspects of neutrino oscillations including CP violations. This study examines a 1 MW proton source at BNL and a large 1 megaton detector positioned at the Homestake Mine as the ultimate goal of a staged program to study neutrino oscillations.